KUALA LUMPUR, May 12 — Short-term interbank rates are expected to remain stable today on Bank Negara Malaysia's intervention to absorb excess liquidity from the financial system.

The central bank estimated today's surplus at RM27.263 billion in the conventional system and RM7.132 billion in Islamic funds.                                                  

Bank Negara will call for a RM5 billion range maturity auction for three days to 45 days.

It will also call for four repo tenders comprising RM550 million for 31 days, RM300 million for 45 days, RM450 million for 63 days and RM100 million for 92 days.       

The bank will also call for three Al-Wadiah tenders comprising RM500 million for seven days as well as RM100 million each for 14 days and 31 days, respectively.    

At 4 pm, the central bank will conduct up to RM20.9 billion in conventional overnight tender and a RM6.6 billion Al-Wadiah overnight tender. — Bernama